Based on the KAITO/USDT weekly chart you provided by Binance
Trend & Price Action:
The current weekly candle is green after several weeks of steady decline.
A recent low near $0.58 has formed a potential bottoming pattern (possible reversal).
The last 3 candles show higher lows, indicating buyer re-entry.
Volume Analysis:
Volume peaked early but declined significantly, now starting to show incremental rise.
A volume uptick now, coupled with green candles, supports the bullish momentum.
3-Day Insights:
Bullish Scenario:
Price Target: $1.20 - $1.35 (next resistance zones)
Triggers: Break above $1.1120 with volume >30M; RSI >50
Probability: Moderate to High if Bitcoin or majors are stable or bullish
Bearish Scenario:
Support Levels: $0.95 / $0.80
Risk: If $1.00 fails to hold and volume declines, retrace back to $0.95
Probability: Low to moderate if macro conditions worsen
This looks like an early accumulation phase after capitulation. Traders may consider:
Scalp Buy at dips ($1.02–$1.05) with tight stop loss ($0.95)
Breakout Entry above $1.12 with target $1.35
Watch RSI >50 and MA(5) crossover as confirmation